Hong Kong rankings

Hong Kong rankings

Overview Hong Kong has achieved impressive progress as Asia's world city, which is reflected in various international rankings covering a range of areas.

Economy and business

World No.1 freest economy for the past 24 years (US-based Heritage Foundation) World No.1 for economic freedom since 1996 (Canada-based Fraser Institute) World No.2 competitive economy (Swiss-based International Institute for Management

Development (IMD): World Competitiveness Yearbook 2018)

World No.3 business environment (Legatum Institute: Legatum Prosperity Index 2017) World No.5 Ease of Doing Business (World Bank: Doing Business Report published in October

2017)

Asia's No.2 and World No.11 for digital competitiveness (IMD: World Digital Competitiveness

Ranking 2018)

World No.6 for global competitiveness (World Economic Forum (WEF) Global Competitiveness

Report 2017-18)

Finance

World No. 3 global financial centre, behind London & New York; 1st in Asia (Z/Yen and China

Development Institute: Global Financial Centres Index released in March 2018)

Leading investment hub: World No.3 for foreign direct investment (FDI) inflows and World No.5 for

FDI outflows in 2017 (UNCTAD: World Investment Report)

World 5th largest and Asia's 3rd largest stock market by market capitalisation in end-February

2018 (US$4,492 billion)

World No. 4 and Asia's No.2 for IPO funds raised in 2017 World's largest offshore RMB hub with total deposits of RMB618.4 billion (End-2017) Asia's No.1 fund management hub: Hong Kong's combined fund management business at

end-2016 amounted to HK$18,293 billion (approx. US$2,345 billion), up 5.2% from 2015

Highest concentration of insurers in Asia (160 authorised insurers at March 2018)

Transport and infrastructure

World No.1 for infrastructure competitiveness (World Economic Forum: Global Competitiveness

Report 2017-18)

World No.1 Top Airport for transit and dining; World No.4 Top Airport (Skytrax: 2018 Skytrax

World Airport Awards)

 World No.1 air cargo hub (Airports Council International: Air Cargo Traffic 2017) World No.3 international air passenger hub (Airports Council International: International

Passenger Traffic 2017 )

Education

3 universities in World Top 50 & 4 universities in Top 10 in Asia: Quacquarelli Symonds (QS)

World University Rankings 2019: HKU (25 th), HKUST (37 th) and CUHK (49 th). QS Asian University Rankings 2018: HKUST (3rd), HKU (5th), CityU (8th) and CUHK (10th).

3 universities in World Top 100 & Top 10 in Asia: Times Higher Education World University

Rankings / Asian University Rankings 2018: HKU (40th/4th), HKUST (44th/5th), CUHK (58th/7th).

3 "young" universities in World Top 20: The Times Higher Education 150 Under 50 Rankings 2017:

HKUST (2nd), CityU (7th), PolyU (20th).

World Top 2 EMBA programmes: FT EMBA Ranking 2017: Kellogg-HKUST EMBA programme (No.1

for second consecutive year, and eighth time overall); EMBA-Global Asia, delivered jointly by Columbia Business School, London Business School and HKU (No.2).

In 2017, The Economist rated the HKU's MBA programme No.1 in Asia for the eighth consecutive

year.

World No.1 dentistry school: HKU Faculty of Dentistry ranked top (by subject) in QS World

University Rankings for three consecutive years in 2016, 2017 and 2018.

Safety, security, rule of law

World No.2 for human freedom (Cato Institute, Fraser Institute, and Liberales Institut of the

Friedrich Naumann Foundation for Freedom: The Human Freedom Index 2017)

World No.9 safest city (Economist Intelligence Unit's Safe Cities Index 2017)

Hong Kong crime figures dropped to 758 cases per 100,000 population ? the lowest since 1971.

World No.4 for order and security (World Justice Project: Rule of Law Index 2017-18) Asia's No.1 and World No.13 for judicial independence (World Economic Forum: Global

Competitiveness Report 2017-18)

World No.4 for efficiency of legal framework in settling disputes (World Economic Forum:

Global Competitiveness Report 2017-18)

Asia's No.2 and World No.15 for rule of law (The World Bank Group: Worldwide Governance

Indicators)

World No.5 for security and personal safety (Legatum Institute: Legatum Prosperity Index 2017)

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